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240 Park Avenue South, #5B

$3,995,000 ($1,868 per ft2) | 3 beds, 3.5 baths | Approx. 2,139 ft2
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25 days on Market

Key Details

  • Listed: Apr 5, 2024
    Days on Market: 25
    Building Type: Condominium
    Neighborhood: Flatiron/Union Square (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $4,091
Monthly Real Estate Taxes: $3,333
Total Taxes & Fees: $7,424 ($3.47/ft2)
Est. Monthly Mortgage: $22,128
Total Est. Monthly Carrying Cost: $29,552 ($13.82/ft2)
Note: the above is based on a down payment of 20% ($799,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This spacious 2,139 sq. ft. apartment is located in the highly sought-after Flatiron/Union Square neighborhood, offering stunning views of Park Avenue South and convenient access to subway stations.
  • High-End Interiors: The apartment features elegant hardwood floors, expansive windows, airy 10 ft. ceilings, and a modern Control 4 home automation system for a luxurious living experience.
  • Gourmet Kitchen: The chef’s kitchen is equipped with high-end appliances and finishes, perfect for those who love to cook.
  • Spacious Bedrooms: The property boasts a luxurious master bedroom with a spacious closet and a five-fixture bathroom, along with two additional en-suite bedrooms for comfort and privacy.
  • Five-Star Building Amenities: Residents can enjoy a range of amenities including a concierge, doorman, fitness room, playroom, basketball court, rooftop terrace, outdoor entertainment space, and a live-in superintendent.
  • Architectural Excellence: The building, designed by renowned architect Charles Gwathmey, adds an extra layer of prestige to this property.

Description

With views of Park Avenue South, this stunning three-bedroom, three-and-a-half-bathroom home spans an impressive 2,139 sq. ft., suffused with natural light throughout. The residence boasts elegant hardwood floors, expansive windows, and airy 10 ft. ceilings, offering a sense of space and sophistication.

Modern comforts include an in-home washer/dryer and a seamless Control 4 home automation system, effortlessly managing universal audio, lighting, shades, and climate control. The chef’s kitchen is a culinary masterpiece, featuring honed Jet Mist granite countertops, top-of-the-line Sub-Zero refrigerator, dual Miele dishwashers, sleek opaque white glass Lineadecor cabinetry, Dornbracht faucets, and a professional Kuppersbusch cooktop with a convenient pot filler.

The master bedroom is a true retreat, boasting a spacious pass-through closet and a luxurious five-fixture bathroom adorned with floor-to-ceiling white Thassos marble tile, a Positano limestone floor, double vanity, deep soaking tub, and separate glass-enclosed shower.

Two additional en-suite bedrooms complete this elegant residence, providing comfort and privacy for multiple residents.

Experience unparalleled living at 240 Park Avenue South, offering five-star amenities and a prime downtown location nestled between Gramercy, Union Square, and Madison Square Parks. Residents enjoy round-the-clock concierge and doorman services, a live-in superintendent, a 1,500 square foot fitness room, playroom, and a basketball court-an extraordinary lifestyle awaits.

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Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 240 Park Avenue South

84

240 Park Avenue South has received a CityRealty Rating of 84, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
26
Out of 36
+
24
Out of 39
+
9
=
84
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
Yes, but Small 1 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Pool
  • Washer/Dryer in building
  • Elevator
  • Party Room
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Designed by Charles Gwathmey
  • Fitness center
  • Roof terrace
  • Entertainment suite with Continental breakfasts
  • Rositano carved stone bathroom sinks
  • Miele dishwashers
  • Jet Mist granite kitchen countertops
  • Sub-Zero refrigerators
  • Lobby has perforated leather walls and limestone floor
  • Concierge
  • Doorman
  • Curved corner windows
  • Close to Subway
Cons
  • No balconies
  • No sidewalk landscaping
  • No garage
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Subways

  1. 6
at Park Ave 0.16 miles
  1. Q
  2. N
  3. R
  4. 4
  5. 5
  6. L
at Broadway and 16th 0.20 miles
  1. M
  2. F
at 6th Ave 0.41 miles
  1. 1
  2. 2
  3. 3
at 6th Ave and 16th 0.41 miles

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